CPChain, which stands for Cyber Physical Chain, is developing a decentralized IoT infrastructure. Their goal is to build a blockchain-based data platform for IoT systems that will use distributed storage, encryption, and decentralized exchanges of value to better connect devices. CPChain will enable IoT-connected devices to connect with each other, and will serve as a decentralized marketplace for IoT related data. Their platform will have a parallel distributed architecture, a hybrid two-layer consensus mechanism, and a side chain consensus protocol. Their network is currently powered by the Ethereum-based CPC token.

RuffChain is developing an open source blockchain architecture for IoT App development. Ruff will have a distributed operating system and will have a permission-less blockchain with different types of nodes. These nodes will have different functions and will allow different types of devices to contribute to the chain's governance and operation in different ways. The network is powered by the Ethereum-based RUFF token.